Blog Entry

Jets go crazy for Holmes

Posted on: July 27, 2011 12:01 pm
Edited on: July 27, 2011 12:15 pm

Are the New York Jets crazy?

They give Santonio Holmes, a receiver who has had more than 55 catches just once in his career, is one failed drug test away from a possible year-long suspension by the league, a contract that will pay him $50 million with $24 million in guaranteed money.

That $24 million, if true, is the most ever for a receiver. What?

This guy hasn't finished in the top-10 in catches in a season yet in his career. The Steelers were so turned off by him that they traded him for a fifth-round pick last summer.  The Steelers tired of his off-field issues, one of which led to a four-game suspension to start the 2010 season with the Jets.

Holmes is a nice player. And he has speed. Plus, Mark Sanchez loves him. But isn't that a lot of money for a risky player, who you wouldn't even consider a top-10 receiver in the NFL?

I can't imagine there was a great market for him -- which is why I always felt he would go back to the Jets --because of all the baggage. So somebody please explain the money to me.

Last time I checked, this wasn't Al Toon or Don Maynard we are talking about.


Since: Aug 19, 2009
Posted on: July 28, 2011 2:50 am

Jets go crazy for Holmes

I agree and disagree with Prisco's assessment of Santonio's contract with the Jets. If we are assessing the player in a bubble and asking if the individual deserves such a contract the answer would be a resounding "HELL TO THE NO". Suspensions, arrests, court appearances, failed drug tests, slanging dope, is enough to keep him from deserving it alone, if you factor in his mediocre career statistics it's a no brainer answer.

However you also need to take into account the situation within the contract itself.
The Jets are built to win now, and they just locked up a solid #1 WR for the next five years. For the Jets he fits perfectly into their system and the coaches as well as Sanchez their young franchise QB ABSOLUTELY LOVE him. He is in freakishly good shape and has shown glimpses of ELITE SKILLS when he is focused and allowed to compete without restraints. I put his all around tool set on the football field on par with the likes of Roddy White, Greg Jennings, Dwayne Bowe and just below the clear cut elite 3 of C/A Johnson and Larry Fitz. His largest flaw aside from the off the field issues is his lack of track record and inconsistent play, but players in general settle down come age 27 and Holmes seems to be happy and focused for the first time in his career which tells me he is ready to take that next step and become elite. And the Jets are smart to lock him up through his prime years locking in a great QB WR tandem.

BUT THE BIGGEST REASON I feel that the signing is justified is the list of WR hitting free agency next season that will inevitably drive the market value sky high. With 8 of the top 40 WR in the league set to become Unrestricted Free Agents (Bowe, Colston, Fitzgerald, Wayne, Welker, Garcon, Manningham and Meachem) they are sure to fetch TOP DOLLAR for their services. Meaning what the Jets spend on Santonio today(2011) will be much easier to swallow when the rest of the league is dropping BIG $$$ on similar talent tomorrow(2012).

Do I think he deserves $24 mil guaranteed of a possible $50 over 5 years, once again "Hell No!"
Do I think he is worth the money to the Jets franchise and will be a good return on investment at the end of five years, emphatically my answer is "Hell Yes!" 


Since: May 6, 2010
Posted on: July 28, 2011 1:40 am

Jets go crazy for Holmes

Some things to keep in mind:

1. Santonio Holmes is only counting 2.45 mil against this year's cap.  The deal was worked in a way that will allow the Jets to get talent in despite a shrunken cap.

2. The natural response to this is "but wait, that means Santonio is due 47.5 mil over the following 4 years!".  This is true, he will be owed a shade shy of 12 million per year over the final 4 years; but the cap is expected to rise and rise and rise.  In 2016 it's supposed to be almost doubled at 200 million instead of 120 million.  That  12 million dollar hit is a lot less impactful 3 years from now than it is right now.

3. Another thing that is important, and something Prisco overlooks, is that the Jets incorporated an opt-out ability every year should Santonio Holmes violate the personal conduct policy.  Essentially what this means is, if he gets suspended the Jets have the right to void the remainder of his contract.  

4. I'm not sure how 24 million guaranteed is the "most ever" for a WR considering a year ago Andre Johnson got 48 million in guaranteed money.  I'm no math whiz, but I'm pretty sure 48 is more than 24.  Like, twice as much.

5. Sidney Rice received almost 9 mil per year.  Santonio Holmes is considered a better WR than Sidney Rice.  So it's not like Santonio received some extremely unbalanced contract.  It's the market right now.  Santonio was the top offensive free agent this year, so he commanded top dollar.  And that top dollar was a cap-friendly contract that's voidable if he screws up.  

How is it NOT a good deal?  

Since: Jan 9, 2010
Posted on: July 28, 2011 12:20 am

Jets go crazy for Holmes

A rare occasion i agree completley with prisco..(he is a terrible sports columnist, he either says stupid stuff or regurgitates obvious stuff), and the only reason im posting on this is because despite how obvious it is that Holmes is at best an upper 2nd tier reciever ($5-8 mil), a lot of people seem to be overrating him by A LOT.
;  This guy has never, ever shown anything close to being a true number one WR, yeah he has good games, the same as a long list of guys who are making a quarter of what Holmes is now pulling in.  And speaking of the decent games and one real good game he had last year, every one of them came against THE worst secondaries in the NFL.  In fact his lone 100 yard game last season came aginst the worst pass D in the NFL.  
;  Statiscally in his career, his numbers stack up against the likes of chris cooley and dallas clark and bernard berrian, which is not something you would say about ANY of the true top WR's in the NFL in the last decade.
;  And thats without even mentioning his off feild problems.  It's stupid contracts like this that mess things up for all the other teams. and in turn raise the prices we pay for tickets.
;  Bottom line, making the game winning catch in the SB doses not make you a number one WR, a SB MVP does not make you a 10 mil player when you have never caught more than 55 passes.  If you think Holmes is worth 10 mil,  ask yourself if you would be okay with your team paying dieon branch 10 mil.  
;  Also, make sure you arent defending holmes talent just because you love to go against prisco, i know he's bad, i know you all love to hate him, but even a guy like him is bound to get a few right, he got it right here, dont let you're hate for prisco blind you from the facts and and keep you from using common sense.

Since: Dec 10, 2007
Posted on: July 27, 2011 11:58 pm

Jets go crazy for Holmes

I'm glad Ted Thompson keeps a low profile during free agency. The money being tossed around is ridiculous...even with the new CBA shifting money to veterans. Stay put and wait for the market to correct itself.

Since: May 27, 2009
Posted on: July 27, 2011 10:49 pm

Jets go crazy for Holmes

He plays in the same area where the Giants have won three Super Bowls. Wait until ghe gets busted again and has to sit out a year. Same old Jets, throwing money away. That's why they will never win.

Since: Aug 7, 2007
Posted on: July 27, 2011 10:38 pm

Jets go crazy for Holmes

how can u go by numbers. The jets play in one of the worst stadiums for passing. holmes plays in an offense that is not built for wide recievers numbers. Look at his value to his team. HOUSTON CLEVLAND DETROIT DENVER He played a major role in winning those games I may have forgotten some off the top of my head but thats four games where he made plays to help win the game he only played in twelve regular season games don't forget. the jets know his value to this team. Prisco you are crazy. If he were playing indoors in minnesota or indy I would agree but he plays in the north east outdoors. The Jets will have a big year not just holmes

Since: Mar 18, 2007
Posted on: July 27, 2011 10:33 pm

Jets go crazy for Holmes

I understand he gavethe Jets a home town discount. So if the Jets are crazy theres someone else in the nut house with them. Prisco is pure Jets hater.

Since: Sep 3, 2006
Posted on: July 27, 2011 10:30 pm

Jets go crazy for Holmes

I hate Prisco but he is right, for a guy who gets into trouble and will miss 6-8 games if he does anything wrong and also since I heard no other team mentioned as even interested in signing him 50 mil seems like they outbid everybody including the jets for his services

Since: Sep 29, 2008
Posted on: July 27, 2011 10:05 pm

Jets go crazy for Holmes

The guy below said what I wanted but still....Prisco sucks. $24 million is too much for a bonus but Santonio is a badass. Flat out badass on the field. The Jets do more with less and people still rip them. I'm a Pats fan and believe me the J E T S can play.

Since: Jan 19, 2008
Posted on: July 27, 2011 9:56 pm

Jets go crazy for Holmes

Funny how Prisco fails to mention Holmes is a winner who has a ring and made huge catches last year to help the Jets win a few games last year. The guy is clutch. He plays big in pressure situations and big games.

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